Answer:
<h3>Required:</h3>
1. (a) Which company has the better profit margin? (b) Which has the better asset turnover? (c) Which has thebetter return on assets?
2. Which company has the better rate Of growth in sales?
3. (a) Did Roak successfully use financial leverage in the current year? (b) Did Clay?
It is a true statement that the Keynes law best applies to short time horizons which see fluctuations in total demand.
<h3>What is the
Keynes law?</h3>
The Keynesian economic model is developed to adovate an increased government expenditures (spending) and lowering of taxes for stimulation of demand for getting an economy out of the depression.
The law of Keynesian model states that demand creates its own supply and any changes in aggregate demand will cause changes in real GDP and employment.
In conclusion, the statement that Keynes law best applies to short time horizons which see fluctuations in total demand is true.
Read more about Keynes
<em>brainly.com/question/26987729</em>
Answer:
$458,822
Explanation:
The formula to compute the future value is shown below:
Future value = Amount (1+i)^n -1 ÷ i)
where,
Interest rate = 8% ÷ 12 months = 0.6666%
And, the number of months = 35 years × 12 months = 420
Now put this value to the above formula
F = $100 × (1 + 0.6666%)^420 - 1 ÷ 0.6666%
After solving this,
the answer would be $458,822
Answer:
$34,000
Explanation:
Accounting profit = Total revenue - Explicit costs
i.e Total revenue = $50,000
Explicit costs = $12,000 + $1,000 + $3,000 = $16,000
Therefore; $50,000 - $16,000 = $34,000.